With a Commercial Umbrella Insurance policy, you get an additional layer of professional liability Insurance coverage to help protect your business against potential risks, which may not be covered by your basic liability insurance; such as commercial auto insurance, general liability insurance or employment practices insurance.

What Does Commercial Umbrella Insurance Cover?

Commercial Umbrella Insurance is a relatively low-cost way to provide additional coverage and expands the limits your business already has in its current liability policies.

If your liability insurance offers $2 million coverage per occurrence or $4 million total, you could expand those limits to $4 million per occurrence and $6 million aggregate with a $2 million Commercial Umbrella Insurance policy.

Who Needs Commercial Umbrella Insurance?

Commercial Umbrella Insurance has flexible policies that can be tailored to meet the needs of your specific company. Remember that Commercial Umbrella Insurance only provides liability supplements to your existing liability policies.

Also, Commercial Umbrella Insurance differs from Personal Umbrella Insurance because it focuses on specific business cases, such as adding more protection on errors and omissions coverage.